$SIGN SQUEEZING TIGHT: BREAKOUT LOADING OR MORE SIDEWAYS CHOP?
STO is currently trading at $0.1070, down -11.57% in the last 24 hours. After bouncing off the 24h low of $0.1050, price is consolidating tightly between key intraday levels. Buyers are cautiously testing resistance, but no strong breakout yet. Volume remains low at 31.01K, keeping volatility suppressed—for now.
Key Levels to Watch:
• Immediate Resistance: $0.1075
– Needs to break for bulls to regain intraday control.
• Support Zone: $0.1060
– Holding above this keeps bullish hopes alive; below it, pressure returns.
Trade Setup – Awaiting Directional Clarity
Bullish Scenario:
If STO breaks above $0.1075 with volume confirmation:
• TP1: $0.1084
• TP2: $0.1095
• TP3: $0.1112
Bearish Scenario:
If price fails to hold $0.1060, it may retest:
• TP1: $0.1050 (24h low)
• TP2: $0.1020
Stop-Loss Guidance:
• Longs: Below $0.1060
• Shorts: Above $0.1075
STO is stuck in a narrow range, gearing up for a potential move. A decisive 15m candle above or below the box will define the next tradeable direction. Stay alert and manage risk tightly.